| Login Trial Guest |
| You are receiving this email because
you are or were a BreakoutWatch.com subscriber, or have subscribed to
our weekly newsletter. This newsletter
summarizes the breakout events of the week and provides additional guidance
that does not fit into our daily format. It is published each weekend.
|
| Prior editions of this newsletter with our
valuable Tips of the Week are available here. |
| Weekly Commentary |
|
No
weekly commentary this week as we are traveling off-island. Please note
the trend of the indexes most likely to deliver breakouts continues to
be down.
|
| New Features this Week |
Additional Value that we added this week |
No new features this week.
|
| This Week's Top Tip |
Tips for getting the most out of our site |
This features wil return after Labor Day.
|
| Market Summary |
Overview of market direction and industry rotation |
| Index |
Value |
Change Week |
Change YTD |
Trend |
| Dow |
10213.6 |
-0.87% |
-2.06% |
Up |
| NASDAQ |
2179.76 |
0.29% |
-3.94% |
Down |
| S&P 500 |
1071.69 |
-0.7% |
-3.89% |
Down |
| Russell 2000 |
610.78 |
0.21% |
-3.67% |
Down |
| Wilshire 5000 |
11151.4 |
-0.47% |
-3.01% |
Up |
Best Performing Index |
| 1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
NASDAQ Composite
0.29 % |
Dow Jones
0.2 % |
Dow Jones
-1.81 % |
Dow Jones
-2.06 % |
Best
Performing Industry (by average technical score over each period) |
| 1 Week |
3 Weeks |
13 Weeks |
26 Weeks |
| Aerospace/Defense - Major Diversified |
REIT - Residential |
Specialty Eateries |
Housewares & Accessories |
Most
Improved Industry (by change in technical rank2) |
Aluminum
+ 54 |
Aluminum
+ 99 |
Long Distance Carriers
+ 213 |
Long Distance Carriers
+ 210 |
| Charts of each industry rank
and performance over 12 months are available on the site |
1The Market Signal is derived from our proprietary
market model. The market model is described on the site.
2The site also shows industry rankings based on fundamentals,
combined technical and fundamentals, and on price alone.
The site also shows daily industry movements.
|
|
| Weekly Breakout Report |
How confirmed breakouts performed this
week |
# of Breakouts |
Period Average1 |
Max. Gain During Period2 |
Gain at Period Close3 |
| This Week |
10 |
10.62 |
7.83% |
4.58% |
| Last Week |
14 |
9.92 |
6.77% |
-0.99% |
| 13 Weeks |
137 |
10.92 |
11.22%
|
1.12% |
1The average number of breakouts in each week over the previous
13 weeks.
2This represents the return if each stock
were bought at its breakout price and sold at its intraday high.
3This represents the
return if each stock were bought at its breakout price and sold at
the most recent close. |
| Top Breakout Choices |
Stocks on our Cup-and-Handle list with best
expected gain if they breakout |
Category |
Symbol |
Company Name |
Expected Gain1 |
| Best Overall |
GRT |
Glimcher Realty Trust |
120 |
| Top Technical |
TPCG |
|
55 |
| Top Fundamental |
SQM |
Chemical & Mining Co. of Chile Inc. |
38 |
| Top Tech. & Fund. |
SQM |
Chemical & Mining Co. of Chile Inc. |
38 |
1This is the gain predicted by our Expected Gain model if the stock
breaks out. Expected Gains for all cup-and-handle stocks are published on our
site. |
| Top Second Chances |
Stocks that broke out this week and
are still in buyable range |
Category |
Symbol |
Company Name |
Expected Gain1 |
| Best Overall |
CAP |
CAI International Inc. |
71 |
| Top Technical |
MSB |
Mesabi Trust |
55 |
| Top Fundamental |
MFB |
Maidenform Brands, Inc. |
61 |
| Top Tech. & Fund. |
MFB |
Maidenform Brands, Inc. |
61 |
1This is the gain predicted by our Expected Gain model after the
stock has broken out which uses the volume on breakout as a predictive term.
Because the model variance is +/- 38% the expectation can be negative. |
If you received this
newsletter from a friend and you would like to receive it regularly please
go to the
BreakoutWatch.com site and enter
as a Guest. You will then be able to register to receive the newsletter.
Copyright © 2010 NBIcharts, LLC dba BreakoutWatch.com.
All rights reserved.
"
BreakoutWatch," the BreakoutWatch.com "eye" logo, and the
slogan "tomorrow's breakouts today" are service marks of NBIcharts
LLC. All other marks are the property of their respective owners, and are
used for descriptive purposes only.
BreakoutWatch is not affiliated with Investor's Business Daily or with Mr. William O'Neil.
Our site, research and analysis is supported entirely by subscription and is free from advertising.
|